Thailand's SEC promotes the cross-chain interaction trading platform, which is expected to support Stable Coin with issuance government bonds

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The Thailand SEC(SEC) announced on 2/3 that it plans to launch a tokenized securities trading platform, allowing Thai securities companies to trade tokenized securities(Tokenized Securities). Meanwhile, the Thai government is also actively exploring the application of Cryptocurrency and Stable Coin, and even considering the issuance of a national Stable Coin backed by government bonds.

Thailand SEC plans to launch a tokenized securities trading platform

According to local reports, the Thai SEC will launch a tokenized securities trading platform, allowing securities companies to trade tokenized securities to expand the investment market and improve trading efficiency. In addition, the SEC plans to introduce new regulations that allow companies to issue electronic securities, and users can purchase corporate bonds online. Currently, 4 tokenization projects have been approved, and 2 projects are under review, including projects related to green tokens and investment-related digital assets.

Fully digitalized trading, Thailand's DLT trading system emphasizes cross-chain interoperability.

The report from the SEC points out that the new securities tokenization platform will be fully digitized, covering the following services:

Bond Trading (: applicable to primary and secondary markets.

Settlement & Payment process simplifies the investor trading process.

Investor Registration )

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